Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRpaid last 24h −0.080%
Price spread now: BloFin against edgeX−0.124%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.124%, 7d avg +0.008%
Together, before fees+0.147%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.131% cheaper against edgeX than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of +0.008%). If the spread goes back, that is −$13 on $10k: about 4.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.025% in total) that is about 36 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HOODUSDC120.740.0017pay 0.0008% / 4h32m 36s$363K$304K10x
ShortBloFin HOOD-USDT120.590.0120get 0.0120% / 8h32m 36s$173K$170K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.66
Price spread: −0.124% → +0.008%
−$13.14
Slippage, 4 orders
−$23.12
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.6
Costs to cover
0.441%
Break-even
18.5 days
Slippage from edgeX: live order book, 6 min ago; BloFin: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 6 min ago6.63 bp11.9 bp −$1221.2 bp −$212doesn't fitdoesn't fit
Sell BloFin live order book, 37 min ago3.72 bp10.8 bp −$1114.4 bp −$14444.6 bp −$4,462doesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0440%1h120.48−0.215%$57K$57K30xas long as short
Gate HOOD_USDT−0.0176%8h120.61−0.107%$598K$7.6M50xas long as short
Bitget HOODUSDT−0.0091%8h120.62−0.099%$5.5M$9.9M20xas long as short
Aster HOODUSDT0.0000%8h120.58−0.130%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.53−0.176%$356K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.56−0.149%$20.8M$92.0M20xas long as short
Bybit HOODUSDT0.0000%8h120.57−0.140%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.55−0.157%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.66−0.069%$2.2M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.58−0.133%$852K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.58−0.132%$987K$8K10xas long as short
Polymarket Perps HOOD-USD+0.0002%1h120.39−0.289%$251K$345K10xas long as short
edgeX HOODUSDClong+0.0017%4h120.74long leg$363K$304K10x
Vest HOOD-USD-PERP+0.0019%1h120.40−0.281%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.53−0.173%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.55−0.157%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.51−0.190%$51.1M$26.9M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.56−0.147%$722$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.49−0.207%$1.3M$1.4M15xas long as short
Lighter HOOD+0.0088%1h120.55−0.159%$2.8M$3.2M10xas long as short
Pacifica HOOD+0.0100%1h120.53−0.177%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.57−0.140%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.50−0.198%$5K$40K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.58−0.132%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.55−0.160%$16K10xas long as short
BloFin HOOD-USDTshort+0.0120%8h120.59−0.124%$173K$170K20x
Coinbase International HOOD-PERP-INTX+0.0192%1h120.67−0.057%$197K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.71−0.024%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.62−0.099%$397K$1.4M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0580%1h120.58−0.132%$6K$52K10xas long as short